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Recent comments

  • Taxpayer
    July 02, 2010 - 13:31

    No recession coming in 2008,no housing bubble in 2010 what's next?

    Once again late at the party. Next he will be raising taxes again like he did in 2006.

  • Mike
    July 02, 2010 - 13:31

    I think that this might be a good thing. It's not like there are that many high paying jobs here that would justify the 12-15% year over year increases we have been seeing in the last few years.

    I think the market in St. John's is due for a correction at some point

  • J
    July 02, 2010 - 13:27

    What about the people that are already in a mortgage and have to refinace, do they sell there home and go RENT!!!!!!!!

  • Diana
    July 02, 2010 - 13:25

    To those who agree..guess your not the ones saving for a down payment. Its not easy to save for a down payment while your renting...and now to make it harder...dont make sense to me.

  • WTF
    July 02, 2010 - 13:15

    It'll be interesting to see what affect this has on the price of houses.
    They should do the same with credit cards. Too many people out there that shouldn't have one.

  • j
    July 02, 2010 - 13:15

    great...many people have enough problems trying to raise the money or seccure the means to buy their first home...now the government is making it even harder...i guess you have to take care of the rental market for those that have rental properties...we can't have the rich suffereing like the poor, now can we jimmy boy?....geez what a country!

  • don
    July 02, 2010 - 13:15

    Well, that's the Government way! We can't be trusted to manage our own financial affairs, so our Government must intervene to save us from ourselves. This is a bone headed idea! When times are tough the Government makes them tougher. Now only the elites, the rich and the crowd who are ripping off the Government will be the only ones who can get a loan or afford to put a roof over their heads. The reason why most people get into financial trouble is because of some stupid thing that the Government did that cost them their jobs, their business or their way of life. What is next I wonder, will the Government pass laws to tell us when to go to sleep and when to wake up or what color our hair should be. When does the Government interference in our lives stop? When we boot the overbearing bums out of office I guess and repeal their stupid laws!

  • Sue
    July 02, 2010 - 13:12

    I know a lot of people will be against this, but I agree with it. Borrowing too much for houses became a huge problem in the states.

  • HILLIER
    July 02, 2010 - 13:10

    I think its a very smart move. Although it can be discouraging for some it's never a good idea to have people buying homes that they really can't afford. The image of a nice home on the outside is great but when you walk in a door and fine its colder on the inside then it is outside we have a problem. We saw what happened in the States....change things before the same disaster happens here!

  • Taxpayer
    July 01, 2010 - 20:19

    No recession coming in 2008,no housing bubble in 2010 what's next?

    Once again late at the party. Next he will be raising taxes again like he did in 2006.

  • Mike
    July 01, 2010 - 20:19

    I think that this might be a good thing. It's not like there are that many high paying jobs here that would justify the 12-15% year over year increases we have been seeing in the last few years.

    I think the market in St. John's is due for a correction at some point

  • J
    July 01, 2010 - 20:15

    What about the people that are already in a mortgage and have to refinace, do they sell there home and go RENT!!!!!!!!

  • Diana
    July 01, 2010 - 20:12

    To those who agree..guess your not the ones saving for a down payment. Its not easy to save for a down payment while your renting...and now to make it harder...dont make sense to me.

  • WTF
    July 01, 2010 - 19:55

    It'll be interesting to see what affect this has on the price of houses.
    They should do the same with credit cards. Too many people out there that shouldn't have one.

  • j
    July 01, 2010 - 19:55

    great...many people have enough problems trying to raise the money or seccure the means to buy their first home...now the government is making it even harder...i guess you have to take care of the rental market for those that have rental properties...we can't have the rich suffereing like the poor, now can we jimmy boy?....geez what a country!

  • don
    July 01, 2010 - 19:54

    Well, that's the Government way! We can't be trusted to manage our own financial affairs, so our Government must intervene to save us from ourselves. This is a bone headed idea! When times are tough the Government makes them tougher. Now only the elites, the rich and the crowd who are ripping off the Government will be the only ones who can get a loan or afford to put a roof over their heads. The reason why most people get into financial trouble is because of some stupid thing that the Government did that cost them their jobs, their business or their way of life. What is next I wonder, will the Government pass laws to tell us when to go to sleep and when to wake up or what color our hair should be. When does the Government interference in our lives stop? When we boot the overbearing bums out of office I guess and repeal their stupid laws!

  • Sue
    July 01, 2010 - 19:48

    I know a lot of people will be against this, but I agree with it. Borrowing too much for houses became a huge problem in the states.

  • HILLIER
    July 01, 2010 - 19:46

    I think its a very smart move. Although it can be discouraging for some it's never a good idea to have people buying homes that they really can't afford. The image of a nice home on the outside is great but when you walk in a door and fine its colder on the inside then it is outside we have a problem. We saw what happened in the States....change things before the same disaster happens here!